Why Richerd Rejected a $10M Offer for His CryptoPunk

This week, we’re excited to welcome Richerd Chan, the co-founder of Manifold.xyz, a leading studio that creates blockchain products and custom smart contracts for artists. In October, Richerd made headlines when he displayed his diamond hands and turned down a nearly $10 million offer for his CryptoPunk #6046. “My punk is not for sale,” he tweeted at the time. “Don’t care what anyone offers me.”

In this episode, we cover:

- Why he rejected the offer of 2,500 ETH for his CryptoPunk

- What a smart contract is and why they’re important in the NFT space

- Why artists and projects need custom smart contracts, and the innovation and utility they can unlock.

- The origin story and mission of Manifold

- How Richerd decides who to partner with on projects, and his favorite projects

- How his open-source Royalty Registry can help solve the cross-platform secondary sales issue

- The most exciting potential use cases for custom smart contracts

- And much more!

To sign up for the nft now newsletter, where we break down the NFT market into actionable insights each week, go to: https://www.nftnow.com

To follow Richerd on Twitter, go here: https://twitter.com/richerd

To follow Manifold on Twitter, go here: https://twitter.com/manifoldxyz

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